| Product Frequently Asked Questions (FAQ)
General Frequently
Asked Questions (FAQ)
Technology Frequently Asked Questions (FAQ)
MedSuite takes your company well beyond desktop-constrained products in features and accessibility.
First, MedSuite has unmatched features and functionality within every
component. For anesthesia billing, MedSuite offers ASA cross-walk
coding, discontinuous time and unit billing, minute, unit, and fee
maximums and many other features.
Secondly, MedSuite is available anywhere and at anytime via the Web, for
as many users as you choose without additional licensing costs, helping your practice to make
informed decisions.
Finally, MedSuite uses Web as a secure, encrypted data transport
layer between our hosting site and your desktop. MedSuite is different
from traditional client-server technology in that was designed to be a
"thin client" using data compression and data caching
technology.
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MedSuite is licensed on a
subscription model on a transaction fee basis. You pay for only what you use.
Q. Why should you
have to pay a for a full "per-seat" license fee so that one of your
physicians can access the system three days a month or so that an
employee working from home fifteen hours a week can do their job?
A. You shouldn't have
to...
MedSuite is priced on a
per-case (anesthesia) or per-encounter (front-office) basis with
additional transaction fees for electronic claims, electronic
statements, electronic remittance, document imaging, and other
transactions. Per-case and per-encounter transaction fees vary based
on transaction volume and, for large practices, the per-transaction
fee can be as low as $.25/case and $.10/encounter respectively. Electronic
claims and electronic statement pricing is extremely competitive with
other available options.
For more information
about pricing, please contact our Sales Department at
sales@medsuite.net.
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What is the "Subscription Model"? The subscription model is "marketing-speak" for selling software on a transactional basis. This concept goes back to the earliest days of the computer age when hardware was "big iron" (expensive), required climate controlled data centers (expensive), and needed lots of care and feeding by the data center staff (expensive). Many companies simply couldn't afford all of that infrastructure, but they needed computing power and were willing to pay for it. Many of the companies with the computing power were looking for ways to help amortize the enormous costs of that power. The "computer
time-sharing service" was born at the intersection of those two needs. Companies without computers literally bought time on someone else's computer.
For the past twenty-five years the computer time-sharing service has been fighting an uphill battle against smaller, faster, and less expensive hardware. Today, the computer time-share has been re-born as the Application Service Provider or ASP. This re-birth has been driven by application software that has become extremely complex and more difficult to develop and deploy. The ASP sells their software, server, and network infrastructure on a transaction fee basis.
The definition of a "transaction" varies depending on the service being sold. For example, the "transaction" for companies that sell on-line backup and storage is defined in terms of the volume of data stored by a customer usually in MB (mega-bytes or million characters), or GB (giga-bytes or billion characters) per month. The "transaction" for companies that sell internet access, called Internet Service Providers or ISP's, is defined in terms of "bandwidth" or how many Kbs (Kilo-bits or thousand-bits per second) or Mbs (mega-bits or million-bits per-second) are supported by the circuit purchased from the ISP.
MedSuite's "transactions" are defined in terms that are specific to medical practice management and medical billing. "Transactions" include anesthesia cases, non-anesthesia encounters, electronic claims, electronic statements, electronic remittance advices, and document images.
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Why should you
consider the "Subscription Model?
Unlimited Number of Users
No "Per-Seat" Licenses
No Large Up-Front Costs
No License Fees for Third-Party Software
No Additional Fees for Hardware Maintenance
No Additional Fees for Software Support
No Additional Fees for Future Upgrades
Pay-As-You-Go
Lock-In Fee for the Time-frame of your Choosing
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Can I buy the individual components MedSuite separately?
The only "optional"
components in MedSuite are the
external electronic data interchange (EDI) transactions such as electronic
claims, electronic statements, electronic remittance, and document
imaging. You may take advantage of the EDI transactions at your
discretion and depending on the needs of your billing organization.
Other EDI interfaces such as hospital demographic downloads tend to be
"customized" for each facility and MedSuite can develop these interfaces
for you on a time-and-expenses basis. All of the other
features and components of MedSuite are included in the transaction fee
and are available to you at no additional charge.
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MedSuite was designed with the billing service and large practice in
mind. However, it works just as well in smaller practices.
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